Environmental Science and Pollution Research · 2017 · 398 citations · 36 references
Social SciencesEconomicsEnvironmental PolicyEconometricsEnergy EconomicsEnvironmental EconomicsClimate ChangeMicroeconometricsPanel Data AnalysisPanel Data MethodsRenewable EnergyRenewable Energy EconomicsEmpirical EvaluationEnergyEnergy ConsumptionEnvironmental Kuznets CurvePanel Data EstimationPanel Quantile RegressionQuantile Panel RegressionQuantile Regression
We evaluate the N-shaped environmental Kuznets curve (EKC) using panel quantile regression analysis. We investigate the relationship between CO 2 emissions and GDP per capita for 74 countries over the period of 1994–2012. We include additional explanatory variables, such as renewable energy consumption, technological development, trade, and institutional quality. We find evidence for the N-shaped EKC in all income groups, except for the upper-middle-income countries. Heterogeneous characteristics are, however, observed over the N-shaped EKC. Finally, we find a negative relationship between renewable energy consumption and CO 2 emissions, which highlights the importance of promoting greener energy in order to combat global warming.
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